quarterly results

Wayfair Names New CFO as it Navigates a Shrinking Customer Base

Wayfair has named Kate Gulliver to the role of CFO and Chief Administrative Officer, effective November 2022, following the retirement of current…

Rite Aid to Shutter 63 Stores as it Creates a ‘Healthy Foundation’ for Future Growth

Rite Aid is closing 63 stores as the retailer aims to “reduce costs, drive improved profitability and ensure that Rite Aid has…

Activewear Category’s ‘Legs’ Demonstrated by Lululemon, Under Armour and Athleta Q2 Results

The activewear category, boosted by the pandemic, has maintained its momentum even through supply chain challenges and the threat of the Delta…

American Eagle Plans up to 250 Store Closures, Looks to Aerie for Growth

Shares of American Eagle Outfitters (AEO) were up today following the retailer’s 2021 investor meeting, where the company outlined plans to close…

Macy’s Reports $3.6 Billion Loss In Q1 But Sees Gradual Recovery Ahead

Macy’s reported a net loss of nearly $3.6 billion during Q1 2020 as its revenue, hit by extended store closures, dropped to…

Amazon Outperforms Q1 Earnings Expectations With Record $3.6 Billion Net Income

Amazon heavily outperformed Q1 earnings expectations, reporting earnings of $7.09 per share — well ahead of the $4.72 per share predicted by…

Nordstrom Digital Sales Rise 23% In Q2, Now Accounting For 34% Of All Sales

Digital sales led a strong quarter at Nordstrom, rising 23% in Q2 2018, up from a 20% increase in Q2 2017. Digital…

After Disappointing Q2 Results, J. Crew Expands Partnership With Nordstrom

In an effort to get out of its sales funk, J. Crew has partnered with Nordstrom to bring its womenswear products under…

Nike Feels Heat Of Competition, Sporting Goods Store Closings

Nike, long a dominant brand in the footwear and activewear industries, has hit a bit of a bumpy road in 2016. As…

Department Stores Seek Answers As Q1 Results Prove Disastrous

If Q1 financial earnings reports were any indication, traditional department stores had a very rough ride to start 2016. While Amazon continues…

Macy’s Stock Falls 15% Amid Poor Q3 Showing

Macy’s stock fell as much as 15% on Nov. 11 after reporting a 5.2% sales decline to $5.87 billion in Q3. The…

Nordstrom Sees 6.2% Growth In Net Sales, Shares Details On Trunk Club Acquisition

Nordstrom executives shared details on the retailer’s acquisition of Trunk Club during the Q2 2014 earnings call, citing that the deal, including…

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